2 ms·
Not exactly. If a large percentage of miners stop mining, the difficultly will be adjusted so it's easier to mine Bitcoin. The difficulty is tuned such that bl
by dmerrick 9y ago
Not exactly.
If a large percentage of miners stop mining, the difficultly will be adjusted so it's easier to mine Bitcoin. The difficulty is tuned such that blocks are solved every 10 minutes, regardless of how many miners are working.
- dfox 9y agoOne problem is that the time required for the adjustment to happen is determined by how many miners are left and is unbounded.